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1  Other / Beginners & Help / BFL Scam on: January 11, 2014, 02:28:30 AM
Hello fellow n00bs,

I've noticed that BFL only seems to advertise their vaporware products on the n00b section.  There are reasons why and I'd encourage you all to do you homework to form your own opinions about what those reasons may be.  A good place to start would be https://bitcointalk.org/index.php?topic=150803.0

If you click on their advertising and look at their "Monarch" vaporware you can see that it's a fairly simple rendering of somebody's imagination.  Good luck finding a picture or video of an actual working chip, much less a working device, because they may not really exist.  In the experience of many, including me, their customer service is legendarily non-existent and guess why they only accept payment that is non-refundable?  No more credit cards or Paypal for them.  I suppose too many forced refunds?

BFL's clearly discernible pattern is to promise, promise, promise delivery at some vague point in the implied near future, maybe in "two weeks",  and then find one problem after another thus delaying delivery.  Maybe they're just total dipshits and this is difficult work to do and they really _believe_ what they're saying.  Nobody can get inside their minds and know for sure, but a possible alternate explanation is that they're scammers. 

Another theory of their apparent fraud is that they mine with the chips and completed devices for their own benefit and delay delivery to the end-users as long as they possibly can.  By the time you get your little fingers on one of these devices, 99% of the BTC it will ever generate in its lifetime has already been taken.  Enjoy the scraps my friends!
2  Alternate cryptocurrencies / Altcoin Discussion / A New Coin on: January 07, 2014, 09:39:05 AM
Hello Folks,

I have a novel idea for a new cryptocoin that I am presently developing.  This is a project that's bigger than I and I thus /s/e/e/k/ /t/h/e/ /f/i/n/e/s/t/ /a/n/d/ /t/h/e/ /b/r/a/v/e/s/t/ / /k/n/i/g/h/t/s/ /i/n/ /t/h/e/ /l/a/n/d/ am looking for other developers who would like to lend a hand in this effort and share in the harvest.

I realize that the world needs another cryptocoin like it needs another politician and that you've probably grown weary of hearing bigger-than-Facebook claims.  Nevertheless, the angles of the cryptocoins are not yet fully exploited and I think I've found a new wrinkle that's worth exploring.  And ideas don't have to become bigger than Facebook in order to be worth the effort.

I intend to engage in pre-mining (maybe 2%-4%) with a select, and ever widening circle of early adopters, until such time as it's ready for prime time.  At worst you'll have a lot of fun working on some fascinating materials, and at best ... well, who knows how far this might go?

I need the ordinary mix of talents such as Unix admin, C++, Qt Creator, somebody who does Windows, etc. If you have any mix of this, please /j/o/i/n/ /m/e/ /i/n/ /m/y/ /c/o/u/r/t/ /a/t/ /C/a/m/e/l/o/t/ PM me and let's start talking.

Thanks!

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